EX-11 3 c65959ex11.txt STATEMENT RE:COMPUTATION OF PER SHARE EARNINGS A.S.V., INC. EXHIBIT 11 - COMPUTATION OF PER SHARE EARNINGS
Three Months Ended Nine Months Ended September 30, September 30, ------------- ------------- BASIC 2001 2000 2001 2000 ---- ---- ---- ---- Earnings Net earnings $ 92,882 $ 220,156 $ 387,626 $ 1,236,225 ============= ============= ============= ============= Shares Weighted average number of common shares outstanding 10,224,760 9,701,541 10,215,205 9,696,413 ============= ============= ============= ============= Basic earnings per common share $ .01 $ .02 $ .04 $ .13 ============= ============= ============= ============= DILUTED Earnings Net earnings $ 92,882 $ 220,156 $ 387,626 $ 1,236,225 ============= ============= ============= ============= Shares Weighted average number of common shares outstanding 10,224,760 9,701,541 10,215,205 9,696,413 Assuming exercise of options and warrants reduced by the number of shares which could have been purchased with the proceeds from the exercise of such options and warrants 220,538 193,346 151,281 212,185 ------------- ------------- ------------- ------------- Weighted average number of common and common equivalent shares outstanding 10,445,298 9,894,887 10,366,486 9,908,598 ============= ============= ============= ============= Diluted earnings per common share $ .01 $ .02 $ .04 $ .12 ============= ============= ============= =============